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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: farmersue who wrote (1331)6/1/2001 2:44:00 PM
From: Walk Softly  Read Replies (3) of 6873
 
This market has more tricks than a David Copperfield magic show.... a week ago last Tues I was getting strong Mo Mo buy signals everywhere.... the next day, Senator James Jeffords of Vermont confirmed he will be leaving the Republican party to become an independent and the semi equip sector reported Much Worse than expected BB ratio.... today, NVLS is upgraded (pathetic - this is a NO guarantees upgrade).... next week orders will be pushed out and it'll crash...

also.... late afternoon on Friday, INTC rallies.... give me a break..... this is hillarious, don't you know things just got better for INTC... DELL is going to sell more computers........ all meant to separate you from your green..... the whole market has turned lunatic....

I don't think there is a trend... that can't change instantaneously based on BS....

If you go by the charts today, the DJI is in a contratrend rally that could push 11,000 before reversing..... but there is NO guarantee the contra rally won't contnue to 11,300 (quadruple top) and the crash to new lows....

NAZ could contratrend right up to 2170.... then fall apart..... or it cold go right back to pre-Jefford's levels.... where it was looking strong as heck before tanking 10% in 5 days.....

stocks are WAY overvalued.... NAZ shouls have gone to 1300.... but LIQUIDITY (that's fools with more money than brains) never cares about value....

who are these guys anyhow????

who are these buy'ers here anyhow???
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